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Lake of the Woods County, MN · Sold

MN-518975

9429 County Road 343

$1,741,500
$4,021/ac · 433 ac
Acreage433 ac
Price per acre$4,021/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJul 11, 2025
Coordinates48.7677, -94.9732
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Lake of the Woods County, Minnesota. Lake country cabin lots north, prime tillable ground south.

View Lake of the Woods market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope27.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,743 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area249.45 of 433.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,259,798
$1,921,780$2,597,816 · $5,218/ac on 433 ac
Asking vs estimate
-22.9%
Priced below the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,741,500
Maximum allowable offer
$1,291,313
$2,982/ac · +30.0% target margin

You need $450,187 off asking to hit this margin.

All-in cost$1,401,075
Net resale$2,079,014
Projected profit$677,940
ROI+48.4%
Annualized+69.2%
Break-even resale$3,516/ac
Profit if resale lands off target
-20%
$262,137
-10%
$470,038
0%
$677,940
+10%
$885,841
+20%
$1,093,742
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MN-209157
Gravel · Full utilities
494.1Jun 30, 2025$2,662,8005,3895,8727.6 mi
78
MN-398149
Landlocked · Power at road
238.1Jan 22, 2025$761,5003,1995,1340.9 mi
73
MN-687372
Landlocked · Off grid
135.6Jul 27, 2026$435,8003,2144,8934.3 mi
70
MN-837475
Gravel · Off grid
146.1May 4, 2026$812,8005,5635,9299.1 mi
68
MN-498273
Paved · Off grid
260.4Mar 19, 2025$856,7003,2893,6506.8 mi
66
MN-637448
Dirt · Power at road
143.3Sep 4, 2025$762,5005,3225,7312.5 mi
64
Show adjustment detail for the top comp
  • Tract size (494.11 ac → 433.08 ac)+4.0%
  • Market time (14 mo)+4.7%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.